Evergrande going going gone?

[WolfAir]

With £300 billion owing mostly outside of china.. the chinese property company everglade has basically gone bankrupt.

Will this collapse kick start another "recession"?
What will happen to all the assets and their current projects?

[Simpo Two]

Ooh, a China Recovery Fund! JPH where are you?

[46and2]

They also have an $850,000,000,000 problem with their railways